As an important economic province of China, Shandong has a well developed jewelry industry. There are many famous domestic and foreign production bases in the province, such as Shandong Zhaoyuan, “China Gold Capital”, “the hometown of sapphire of China”, Changle, China Gem City and so on. With the advantages of many natural resources and geographical advantages, the jewelry industry has a broader prospect. 2018 the seventeenth Qingdao international jewellery exhibition will be held in Qingdao International Convention and Exhibition Center on 27-30 July. There will be nearly 500 exhibitions and a thousand kinds of jewellery collectively made up for the exchanges, cooperation, trade and procurement between the jewellery, jewelry industry and the upstream and downstream industries of Qingdao and Shandong. And other activities will play an important role in promoting.
On the whole, Qingdao’s economy has been moving steadily, the fundamentals of economic development have been improving for a long time, and the foundation and supporting conditions are stable. Preliminary accounting, in 2017, the total economic total of the city exceeded trillion, to achieve 11000 billion yuan (GDP). According to the comparable price, the increase was 7.5%, and the per capita disposable income of the whole population increased by about 8%. Qingdao’s economy keeps growing at a high speed, and the diversified industrial structure has become the focus of growth. The increase in the proportion of the luxury goods and consumer goods industry has greatly promoted the growth of the GDP.
Qingdao is one of the three largest production bases of jewelry in China. Jewelry clusters in Qingdao continue to emerge, and the coverage area has increased year by year, which has successfully cultivated the habit of consumer jewelry consumption. A stable consumer group has become a major factor in the development of Qingdao’s jewelry industry.